Ed’s response to today’s GDP figures

“While the Tories have spent months patting themselves on the back these figures show they have not fixed the economy for working families.

“Tory economic policy may be helping a few at the top but for most people bills have gone up faster than wages, which are down £1600 a year since 2010. And now these disappointing figures show economic growth slowing down too. The Tories just don’t understand that Britain only succeeds when working people succeed.

“Working families can’t afford another five years of the Tories. Labour’s better plan will put working people first, make our economy stronger and ensure the recovery reaches everyone in every part of the country.

“Our plan will earn our way to higher living standards for all, not just a few. We will raise the minimum wage, cut business rates, guarantee apprenticeships for school leavers and expand free childcare for working parents. We will start building one million new homes, back renters and give first-time buyers a leg up the ladder by slashing stamp duty.

“And we will cut the deficit every year and balance the books in a fair way, while securing the future of our NHS. Unlike the Tories we have shown how we will pay for all our manifesto promises with no extra borrowing.

“The risk to families and our economy is a re-elected Tory government doubling the pace of spending cuts next year and taking Britain out of the EU. Working families and our NHS can’t afford five more years of the Tories.”

Ends

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Posted April 28th, 2015 by Ed's team

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